Section 701.660 - Purpose of AccountMoney in the Account is to be used only:
1. To provide below-market-rate financing, at an interest rate not to exceed 3 percent, to qualified applicants for projects which comply with the requirements of the American Recovery and Reinvestment Act and which meet the qualifications set forth in NRS 701.545 to 701.595, inclusive, and NAC 701.600 to 701.700, inclusive ; or2. For any other purpose for which the United States Department of Energy has approved the use of money received pursuant to the American Recovery and Reinvestment Act and deposited in the Account.Nev. Admin. Code § 701.660
Added to NAC by Office of Energy by R161-09, eff. 6-30-2010; A by R063-11, 2-15-2012; A by R157-20A, eff. 4/11/2022